MERGERMARKET - Regional Brief Q1 2019
M&A in Canada ended last year with a flat fourth quarter in terms of the number of transactions. The deal value was down significantly from the previous quarter. This year’s activity began in quite the opposite direction. The country saw a much higher total deal value than in 4Q18 but, at the same time, a sharp decrease in the number of deals. This was in line with M&A activity in the US, which experienced a similar trend.
On the other hand, Canadian targets proved to be attractive to foreign acquirers, as inbound activity by value rose significantly, while outbound and domestic activity shrank. Private equity activity was propped up by larger-sized deals but also saw fewer buyouts and exits than in previous quarters.
We are now in the second longest economic expansion in U.S. history. As the business cycle inevitably transitions, many middle market companies will struggle to maintain their growth trajectory and profit margins. How will the most agile middle market companies position themselves for long-term success, so that they can thrive through the next downturn and beyond?
Who better to provide you with perspective and wisdom than leaders of businesses that have achieved lasting prosperity and sustained it through several economic cycles as well as some of the fastest growing companies in the U.S.?
Don't miss your opportunity to learn how to create lasting prosperity for your enterprise, your employees, and your own career. Register TODAY! April 8 & 9, 2019, Hyatt Regency, Denver.
RSM Canada reports from Parliament Hill to provide comprehensive budget insights
Watch the summary of key outcomes of the budget announcements featuring National Tax Leader Maria Severino.
RSM Canada provides tax and middle market insight on 2019 Federal Budget
Incentives targeting innovation are welcomed, but tax measures to address global competitiveness fall short of middle market companies’ expectations
“Canadian middle market companies were hoping that Budget 2019 would have meaningful measures to support growth and global competitiveness,” said Maria Severino, national tax leader, RSM Canada. “Although Finance included some positive, targeted tax measures to support Canadian businesses, it deferred introducing any broad-based changes that could enhance competitiveness and reduce uncertainty.”
The launch of this Conference is a partnership between the ACG Chapters in Detroit, Western Michigan and Toronto. This program provided an overview for business leaders from the Mid-Market sector to network and learn more about Cross-Border Trade, Commerce, Investment and Public Policy opportunities.
Canada and the U.S. have had a long partnership in Trade and Commerce. In addition, the Province of Ontario and State of Michigan are leading trade partners. The new USMCA agreement was signed by all three parties in November 2018 and is now pending ratification by each country in 2019.
ACG Toronto's Board of Director & partner with RSM Canada, Ben Gibbons was interviewed on Middle Market Growth's magazine podcast during the joint conference. The interview weighs in on how trade, tariffs & cannabis are impacting middle market companies. Click here to listen to the interview.
Join ACG BC for the 18th Annual BC Middle Market Growth Conference on April 9th, 2019. This is Western Canada's premier M&A conference attended by close to 350 deal makers including corporate officers, national private equity firms, intermediaries, and financing sources.
DATE: April 8-9, 2019
LOCATION: Fairmont Vancouver Waterfront
The ACG Chicago Capital Connection is the premier networking event in the Midwest for companies in all facets of corporate growth and middle market deal making. This event presents the opportunity for deal makers to meet and greet with leading capital providers and investment bankers.
DATE: May 21-22, 2019
LOCATION: The Marriott Downtown Magnificent Mile
RSM Canada Celebrating Female Leadership
RSM Canada celebrates the women in the firm's network and their success stories throughout the month of March. Hear from talented female professionals and accomplished leaders in accounting and industry, as they provide advice to younger female professionals, and perspectives on fostering an environment that embraces diversity and supports female advancement.
In a video series, hear from:
• Adrianna Czornyj, partner at Persistence Capital Partners, about the importance of being true to yourself
• Samantha Horn, partner at Stikeman Elliott, on how she achieves balance, and
• Marina Glogovac, president & CEO of CanadaHelps about self-limiting behaviours that hinder a woman's advancement.
Hear advice from RSM Canada's leadership and get insights into how they support more junior female professionals nowadays.
Finally, members of the women's employee network group share their perspective on what motivates them, work-life balance and career growth.
Join over 2,000 leaders at The Art of Leadership for Women in Toronto on April 12, 2019, with keynote speaker Robin Roberts, Co-Anchor, "Good Morning America".
This unique one-day conference focuses on the topics and trends most critical to women leaders and features a remarkable collection of world leaders, business icons, and bestselling authors. Attendees will have the opportunity to learn improved ways of harnessing their individual strengths, elevating their skills, and leveraging their value in order to rapidly advance into significant leadership roles. REGISTER using promo code ACG40 to save $50 per pass, save an additional $50 per pass when registering 5 or more.
MERGERMARET - Regional Brief 2018
In 2018, disruptive sectors such as Technology were in the spotlight in Canada, while activity in historically dominant as well as more traditional sectors, such as Energy, Mining & Utilities (EMU) and Industrials & Chemicals (I&C) declined. Canadian private equity deals picked up by deal count in 2018, despite a marked decline in deal values from 2017. With 2018 ending on a stagnant fourth quarter, dealmakers will look for further signs of subdued M&A market conditions on the horizon.
MERGERMARKET - Cannabis Infographic
In a rush to build scale in the growing cannabis sector, 2018 has seen some of the largest acquisitions
to date. With legalization official in Canada and prohibitions loosening elsewhere, M&A activity has
gained momentum, proving that cannabis entrepreneurs are open to partnering with investors in both
the US and Canada.
MERGERMARKET - H1 2018 Trend Report
For insightful analysis of M&A activity in the region since the beginning of the year, the Canadian H1 report provides a combination of the current market overview, historical data analytics, and offers a forward-looking M&A outlook. The report also highlights Canadian M&A trends within energy, mining, and utilities as well as in private equity, which have seen increased activity in the recent months.
BLAKES - "Canadian Private Equity Report"
"On May 31, 2018, Blake, Cassels & Graydon LLP (Blakes) will release an in-depth study analyzing over 100 recent Canadian private equity buyout and investment transactions on which Blakes acted as lead or Canadian counsel. Unlike other private M&A studies that source their data from publicly available sources and are therefore, based on private transactions involving public companies, the Blakes study uses only proprietary data and focuses exclusively on transactions involving private equity funds, sponsors or portfolio companies. The Association for Corporate Growth Toronto (ACG) is focused on providing members with knowledge to drive and sustain corporate growth and supports the launch of new industry information, such as this Canadian Private Equity Study developed by Blakes."
Please click the Media Release below for more information.
ACG Toronto and ACG New York's breakfast seminar on March 23rd, featured the latest news and insights from the investment and political sectors on the future of NAFTA and other key trade agreements currently impacting the mid-market investment sectors in the U.S. and Canada.
In addition, ACG Toronto members attended one of the largest DealSource and Networking events hosted by ACG New York on the evening of March 22nd.
ACG Toronto and ACG New York co-sponsored the event "Cross Border Private Equity Investing between Canada and the US". Canada and the US have one of the largest trading relationships in the world. Private Equity (PE) investors on both sides of the border need to have cross border investments in the two countries in their value-added toolbox.